Cal-Maine Foods Reports Third Quarter Fiscal 2021 Results

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Go back to Cal-Maine Foods Reports Third Quarter Fiscal 2021 Results

Cal-Maine Foods (CALM) Tops Q3 EPS by 21c, Revenues Miss

March 29, 2021 6:32 AM EDT

Cal-Maine Foods (NASDAQ: CALM) reported Q3 EPS of $0.28, $0.21 better than the analyst estimate of $0.07. Revenue for the quarter came in at $359.1 million versus the consensus estimate of $368.66 million.

Dolph Baker, chairman and chief executive officer of Cal-Maine Foods, Inc., stated, We are pleased with our results for the third quarter of fiscal 2021, which reflect strong retail demand for shell eggs as consumers have continued to purchase more eggs for preparing meals at home. While we saw modest improvement in the food service and hospitality business as COVID-19-related restrictions have gradually... More